New RM100b EPF fund set to boost Islamic finance in M'sia
Add BT as a preferred sourceKuala Lumpur
MALAYSIA'S Islamic finance market is set for a much-needed boost when the country's largest pension fund launches a RM100 billion (S$33.5 billion) Islamic fund in January, offering a potential boon for asset managers.
The Employees Provident Fund's (EPF) syariah-compliant pension plan opened to acclaim this week with Malaysians lining up outside its offices to invest.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
